Submitted By: Watt
Answered: April 23, 2012 5:00 pm

Are payments to a life-care retirement facility deductible?

It depends. Payments to a facility are a deductible medical expense if a stay there is for medical treatment. Did a doctor recommend moving to such a facility? If so, then deductible payments include the cost of meals and lodging, as well as medical services.

advertisement
Careers
Tax Glossary

Personal interest

Tax term for interest on personal loans and consumer purchases. Such interest is not deductible.

More terms